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Mike Norman Economics

Everything We’ve Learned About Modern Economic Theory Is Wrong

Numerous economics journals have not published Ole Peters work because they said they didn't think it would be interesting to their readers. The proposition is about as outlandish as it sounds: Everything we know about modern economics is wrong.And the man who says he can prove it doesn’t have a degree in economics.But Ole Peters is no ordinary crank. A physicist by training, his theory draws on research done in close collaboration with the late Nobel laureate Murray Gell-Mann, father of the...

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Vote Machine Company Threatens Legal Action Against Conservative Media — Steve Watson

Voting Machine company Smartmatic has delivered legal notices to three conservative news networks, demanding retractions of claims that the company was involved in rigging the election in favour of Joe Biden.…Speech is not free. There can be financial consequences for libel or defamation. If I understand the law correctly, plaintiffs must show that both cause and damage.Zero HedgeVote Machine Company Threatens Legal Action Against Conservative MediaSteve Watson via Summit News

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Big Oil Slammed With A $7 Trillion Reality Check — Alex Kimani

About a year ago, the world's largest asset manager BlackRock Inc. (NYSE:BLK) declared its intention to increase its ESG (Environmental, Social and Governance) investments more than tenfold from $90 billion to a trillion dollars in the space of a decade. Few took the investment firm seriously, given its spotty track record on climate action in the past.But just in case investors thought BlackRock was bluffing as usual, the company recently issued a chilling update on its approach to...

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Swiss National Bank trying to prop up the dollar.

SNB opening swap lines with the Fed in an effort to halt the dollar's slide. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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‘I know your favourite drink’: Chinese smart city to put AI in charge

 Dec 3 (Thomson Reuters Foundation) - From robots delivering coffee to office chairs rearranging themselves after a meeting, a smart city project in China aims to put artificial intelligence in charge, its creators told a conference this week - raising some eyebrows.Danish architecture firm BIG and Chinese tech company Terminus discussed plans to build an AI-run campus-style development in the southwestern Chinese city of Chongqing during an online panel at Web Summit, a global tech...

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How we gonna pay for it?

$740 bln for a defense funding bill. Done. No one asked, "how we gonna pay for it?" Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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